NAFCU Journal September October 2023

12 18 FEATURES 12 One-On-One with NCUA’s Hood Board Member Rodney Hood shares his perspective on all things credit unions 18 Digital Assets: Strategies to Meet Member Needs Lack of Regulatory Guidance Limits Crypto Activity 24 2023 NAFCU Annual Awards Competition Winners COLUMNS 5 Conferences 6 From the Chair 8 Washington and Industry Briefs 10 The Bottom Line 32 Inside NAFCU Services 34 Management Insight 36 Executive Spotlight 38 Leadership Download 40 Compliance Central 42 From the President’s Desk 24 September–October 2023 • Volume 48, Number 5 The NAFCU Journal (ISSN 1043-7789) is published bimonthly every other month. Sept–Oct 2023, Volume 48, Number 5. Published by the National Association of Federally-Insured Credit Unions, 3138 10th Street N., Arlington, VA 22201-2149. Periodicals Postage Paid at Arlington, VA, and at additional mailing offices. POSTMASTER: Send address changes to The NAFCU Journal, NAFCU, 3138 10th Street N., Arlington, VA 22201-2149. The opinions and ideas appearing in this magazine are not necessarily representative of policies of NAFCU. Manuscripts and advertisements are welcome, although NAFCU reserves the right to edit manuscripts and refuse advertisements. Contact publisher for advertising information and rates. Appearance of an advertisement does not imply endorsement or guarantee of the advertiser’s claims. For subscription or advertising information, call 800-336-4644 or 703-522-4770. Email: nafcu@nafcu.org; website: www.nafcu.org. ©2023 National Association of Federally-Insured Credit Unions, all rights reserved. 3 THE NAFCU JOURNAL September–October 2023

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